The Dow Jones Industrial Average fell 0.95%, the S&P 500 was down 1.33% and the Nasdaq Composite briefly was down 1.72%. That’s another reason I think this isn’t causing more apprehension heading into a weekend: it’s not uncommon for the market to hit air pockets when the volumes are light, and it’s been a slow week.
Despite opening the year with a door plug blowout whose fallout reverberated throughout the industry, U.S. airlines had a pretty good year in the stock market. Bloomberg reports that the S&P Supercomposite Airlines index rose 57% this year, beating the S&P 500 by more than 30 percentage points — the biggest such gap in a decade.
Much of the grid was built over 50 years ago, and AI data centers are just one reason energy demand has skyrocketed.
Coeptis Therapeutics Holdings, Inc. (NASDAQ:COEP) shares are trading lower on Friday. The firm announced plans to implement a 1-for-20 reverse stock split, which will take effect on December 31. The decision follows authorization from the company's board of directors and majority stockholders. The reverse stock split aims to help the company meet the Nasdaq Capital Market's minimum bid price requirement of $1.00 per share, which is necessary to maintain its listing on the exchange. Also Read: 3
Rail Vision Ltd. (NASDAQ:RVSN) saw its shares rise on Friday after announcing a major achievement in railway safety. The company revealed it had received certification approval for the installation of its MainLine Systems on Israel Railways’ passenger locomotives. This milestone triggers a $300,000 milestone payment and positions Rail Vision for potential future volume procurement from Israel Railways. CEO Shahar Hania emphasized that the certification demonstrates Rail Vision’s commitment to ex
NEW YORK/LONDON/SINGAPORE (Reuters) -Global stocks, the dollar and some Treasury yields looked set to wrap up Christmas week on Friday with minor retracements of broad up-trends, succumbing to a dearth of interest and participation heading into the last weekend of the year. The benchmark 10-year Treasury yield was up slightly but hovered below a near-eight-month high reached Thursday, while shorter-term Treasury yields eased. The U.S. dollar was headed for an almost 7% annual gain while Japan's yen was set for a fourth consecutive year of losses on Friday, as traders anticipated robust U.S. growth, as well as tax cuts, tariffs and deregulation by the incoming administration of President-elect Donald Trump, would make the Federal Reserve cautious on rate-cutting well into 2025.
ServiceTitan initiated, Viracta downgraded: Wall Street's top analyst calls
(Bloomberg) -- Positioning in the options market suggests South Africa’s rand is poised for a rebound that may be as steep as its rapid decline in December.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024Ho Chi Minh City Opens First Metro Line After Years of DelayThe rand is on track for its worst December performance since 2015, and its biggest quarterly decline in more than two years. That came after hedge funds liquidated long rand-dollar futures at the fas
Analysts expect RPM International Inc. (NYSE:RPM) to report second-quarter earnings at $1.34 per share before the opening bell, on Tuesday, Jan. 7, 2025. That’s up from $1.22 per share in the year-ago period. The Medina, Ohio-based company projects quarterly revenue of $1.79 billion, compared to $1.79 billion a year earlier, according to data from Benzinga Pro. On Oct. 2, RPM International reported first-quarter results. Sales declined 2.1% Y/Y to $1.97 billion, missing the consensus of $2.015 b
